Insiders are expecting a third party to gazump PokerStars in its attempted acquisition of New Jersey’s Atlantic Club casino.
The Atlantic Club could be leaving itself open to litigation if it has made certain assurances to PokerStars regarding the deal, say lawyers.
The deal was always contingent on PokerStars receiving licensure from the New Jersey authorities and it is understood that the casino was being kept up to date about what was becoming a lengthy process.
No real insight, but I hope it's Zynga. The company that owns the Atlantic Club is based in Southern California, so it's not that far away from Zynga headquarters.
Based on the Atlantic Club CEO's comments on the terminated deal, it seems like they may have another buyer in mind, or at least some sort of partnership arrangement with another company. The company said they were committed to the opportunities presented by the new online gambling bill. So if they don't sell the casino, I don't think they would try to go it alone because they are losing too much money.